Smart Data Collective

AUGUST 23, 2022

Are you running a company with a focus on big data? One survey showed that 32% of companies have a formal big data strategy. These companies tend to be far more profitable than businesses that do not utilize big data. However, some companies have to learn the hard way that desiring to utilize big data is not enough.

Big Data 88

Big Data Data Strategy Strategy Data-driven 88

Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 While stories about the sudden growth of big data in healthcare make for great headlines, they don’t always delve into the details. EHR Solutions Are Predicated on Big Data Technology.

Data-driven 117

Data-driven Big Data Software Risk 117

Smart Data Collective

FEBRUARY 21, 2021

Data analytics is very important to the future of marketing. A growing number of marketers are using data analytics technology to optimize their lead generation models. One of the most important benefits of using data analytics is that it can improve AI algorithms. Combining Data Analytics with Your Lead Generation Model.

Strategy 99

Strategy Data Analytics Analytics Data-driven 99

Data Insight

JULY 2, 2019

Being data-driven means using all your data, regardless of division, team or legacy system, its a holistic approach. In Chapter 3 of The Data Revolution Book, Data Insight Founder and CEO, Carmen Vicelich provides five key questions executive teams need to discuss on their journey to enabling a data-driven culture.

Data-driven 61

Data-driven Key Performance Indicator IT Dashboards 61

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Reputational management is another driver for boards to build tax planning into ERM strategies.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

Andrew White

JUNE 28, 2019

Book Review: AI Super-Powers: China, Silicon Valley, and the New World Order, by Kai-Fu Lee, 2018. This book compares how the markets, led by the US and China, are evolving differently due to the different climate and environment in those two countries. This book is a must read. Houghton Mifflin Harcourt.

Data-driven 56

Data-driven Technology Strategy Marketing 56

CIO Business Intelligence

FEBRUARY 13, 2024

Business alignment is often heralded as a key tenet of successful IT strategies. So, if the bank sees that too many of its loans are defaulting, resulting in losses, how much would an AI-driven loan decisioning software be able to help? Book-to-bill shows whether orders are outpacing billings (i.e., business is slowing).

Measurement 98

Measurement Metrics Strategy Marketing 98

CIO Business Intelligence

NOVEMBER 17, 2023

Turner helps drive that success by wearing two hats for the company: He oversees a product-driven organization that must develop and deliver innovative services out to hotel owners and guests continuously even as his teams continue to build out IHG’s internal technology stack and services. “This is driving a hybrid approach to cloud.”

Forecasting 128

Forecasting Consulting Data-driven Digital Transformation 128

CIO Business Intelligence

APRIL 25, 2024

“Every company is trying to see how AI can help automate processes> That is where I see this acquisition is fitting right into IBM’s scheme of things because IBM has a lot of AI-related order books already confirmed, so instead of getting into tool and applications development, the acquisition makes a good sense here.”

Marketing 124

Marketing Enterprise Consulting Management 124

CIO Business Intelligence

OCTOBER 24, 2023

Business drivers for the first wave of digital transformation through 2020 targeted growth, data capabilities, cloud migration, and delivering competitive technology capabilities. With generative AI now a firm digital transformation priority , 2023-24 will mark the beginning of an AI-driven transformation era.

Digital Transformation 143

Digital Transformation Data-driven Business Objectives Strategy 143

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Among the benefits of AI-first strategies are: Operational efficiency. Such human frailties are not an issue for AI-driven systems.

Cost-Benefit 130

Cost-Benefit Internet of Things Insurance Data-driven 130

CIO Business Intelligence

APRIL 24, 2024

Bernard Marr, author of the book Generative AI in Practice: 100+ Amazing Ways Generative Artificial Intelligence is Changing Business and Society , sees the partnership representing a significant shift in how CIOs approach digital transformation. “It

Enterprise 117

Enterprise Digital Transformation Consulting Risk 117

CIO Business Intelligence

AUGUST 24, 2023

Multinational data infrastructure company Equinix has been capitalizing on machine learning (ML) since 2018, thanks to an initiative that uses ML probabilistic modeling to predict prospective customers’ likelihood of buying Equinix offerings — a program that has contributed millions of dollars in revenue since its inception.

Sales 78

Sales Data-driven Digital Transformation Machine Learning 78

CIO Business Intelligence

MAY 16, 2024

Digital transformation is a gradual journey, and for many CIOs, becoming more data-driven hinges on how sustainability practices are systematically adopted. Business plans are focused on digital and sustainable transformation to bring us closer to the goal of a data-driven company,” says its CIO, Stefano Biondini.

Digital Transformation 89

Digital Transformation Data-driven Cost-Benefit Management 89

DataKitchen

JANUARY 20, 2021

We’ll also discuss building DataOps expertise around the data organization, in a decentralized fashion, using DataOps centers of excellence (COE) or DataOps Dojos. For example, some teams may recognize services revenue in the quarter booked, and others may amortize the revenue over the contract period. DataOps Technical Services.

Metrics 243

Metrics Experimentation Measurement Testing 243

O'Reilly on Data

APRIL 4, 2024

The race to the top is no longer driven by who has the best product or the best business model, but by who has the blessing of the venture capitalists with the deepest pockets—a blessing that will allow them to acquire the most customers the most quickly, often by providing services below cost. I disagree.

Marketing 159

Marketing Modeling Finance Experimentation 159

AWS Big Data

MAY 28, 2024

Welcome back to our exciting exploration of architectural patterns for real-time analytics with Amazon Kinesis Data Streams! Before we dive in, we recommend reviewing Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1 for the basic functionalities of Kinesis Data Streams.

IoT 91

IoT Analytics Dashboards Data-driven 91

Smart Data Collective

APRIL 13, 2020

Big data is crucial for any organization that wants to attract and retain customers. A study by McKinsey Global Institute found that data-driven companies are 400% more likely to retain customers and 2,200% more likely to acquire new ones. Fewer experts have emphasized the significance of big data. It is inevitable.

Data Collection 141

Data Collection Big Data Cost-Benefit Strategy 141

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. This blog provides an insightful exploration of the leading entities shaping the data visualization landscape. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

O'Reilly on Data

APRIL 22, 2020

These strategies contribute to perceptions of trust. The European Union’s General Data Protection Regulation (GDPR), for instance, imposes fines of up to 2%–4% of global annual revenue. As a privacy leader in the technology space, Apple knows this well and has benefited from a strong reputation as a data steward. Don’t do it.

Cost-Benefit 252

Cost-Benefit Finance Strategy Data-driven 252

CIO Business Intelligence

DECEMBER 4, 2023

By Bryan Kirschner, Vice President, Strategy at DataStax One of the major findings of our recently released State of AI Innovation report was how bullish managers and technical practitioners were about generative AI enhancing, rather than threatening, their careers. I use the word “content” rather than “data” here deliberately.

Uncertainty 77

Uncertainty Strategy Data-driven Consulting 77

CIO Business Intelligence

APRIL 8, 2024

Nearly 10 years ago, Bill James, a pioneer in sports analytics methodology, said if there’s one thing he wished more people understood about sabermetrics, pertaining to baseball, it’s that the data is not the point. The point is to use the data like a razor to cut through false convictions to find the truth.

Analytics 98

Analytics Broadcasting Predictive Analytics Metrics 98

datapine

APRIL 14, 2022

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. However, the usage of data analytics isn’t limited to only these fields. Discover 10.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

IBM Big Data Hub

JUNE 23, 2023

Life insurance companies that have been in business for a long time typically have a significant part of their “book of business” that consists of insurance policies that were issued several years ago, with products they no longer sell. IBM foundation models are pre-trained on curated data.

Insurance 56

Insurance Cost-Benefit Digital Transformation Marketing 56

AWS Big Data

JANUARY 8, 2024

We’re living in the age of real-time data and insights, driven by low-latency data streaming applications. The volume of time-sensitive data produced is increasing rapidly, with different formats of data being introduced across new businesses and customer use cases.

Analytics 113

Analytics IoT Data-driven Snapshot 113

FineReport

MAY 18, 2024

Data visualization techniques are paramount in today’s data-driven world. Mastering data visualization techniques is not just a skill but a necessity for professionals across various industries. Increased Efficiency : Visualizing data streamlines processes by highlighting key points efficiently.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

CIO Business Intelligence

JUNE 30, 2022

For example, data-driven AI chatbots can pick off the easier customer queries, while IVR (Interactive Voice response) can automate the process of directing customers to the right people. As the world’s most famous detective, Sherlock Holmes, said: “It is a capital mistake to theorise before one has data.”.

Data-driven 88

Data-driven Interactive Measurement Strategy 88

Smart Data Collective

JANUARY 26, 2022

One of the biggest reasons that many people use AI is to improve their marketing strategies. A recent survey found that 64% of marketers reported that data-driven marketing strategies are more important than ever. One of the biggest reasons big data is so useful is that it helps supplement AI technology.

Data-driven 90

Data-driven Marketing Visualization Recreation/Entertainment 90

datapine

MARCH 27, 2019

We’re living in the midst of the age of information, a time when online data analysis can determine the direction and cement the success of a business or a startup that decides to dig deeper into consumer behavior insights. By managing customer data the right way, you stand to reap incredible rewards.

Management 129

Management Data-driven Dashboards Visualization 129

AWS Big Data

APRIL 19, 2023

Data mesh is a new approach to data management. Companies across industries are using a data mesh to decentralize data management to improve data agility and get value from data. This is especially true in a large enterprise with thousands of data products.

Technology 82

Technology Data-driven Machine Learning Sales 82

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

datapine

MAY 9, 2019

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips. Let us explain.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

Smart Data Collective

APRIL 23, 2021

Why mobile apps are now invincible parts and parcels of digital marketing strategy for brands worldwide, artificial intelligence (AI) continues to make unprecedented valuable contributions to help brands achieve their goals. They needed to go through a lot of guesswork in deciphering the meaning of data.

Marketing 87

Marketing Data-driven Sales Cost-Benefit 87

CIO Business Intelligence

SEPTEMBER 11, 2023

When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book. In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. At his company, anyway. Rizwan, CIO of Z2C Ltd.,

Digital Transformation 133

Digital Transformation ROI Strategy Data Science 133

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 122

Enterprise Cost-Benefit Digital Transformation Strategy 122

CIO Business Intelligence

OCTOBER 20, 2023

The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” As models evolve in the future to become fully multi-modal, they [will be] able to traverse different types of data.” To fuel its transformation, the Northbrook, Ill.-based

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136